A Rare Economics Post from Me
Yes, I’m still distracted (and under deadlines), but this is too good to pass up. Greg Mankiw sends us to “Wisdom from Michael Kinsley.” Which turns out to be this: There is no need to encourage...
View ArticleWyden’s Proposal for taxing oil and gas speculators
Ron Wyden, Democratic Senator from Oregon who serves on the Senate Finance Committee and the Energy Committee, is generally considered a liberal, though with a mixed bag of positions that hardly...
View ArticleNew Year’s Tax Resolutions
by Linda Beale A quote from Amartya Sen, and my New Year’s Tax Resolutions (for Congress and the Obama Administration) The time between December 30 and January 4 seems to be filled with lists. Along...
View ArticleCarried Interest: Senate Getting Swayed by Lobbyists
by Linda Beale Crossposted with Ataxingmatter Carried Interest: Senate Getting Swayed by Lobbyists The Senate started discussion of the “extenders” legislation on Tuesday. IN the House version, HR...
View ArticleKeynes and Picasso: Stimulative Conspicuous Consumption?
by Bruce Webb Digby points us to the following NYT piece: At $106.5 Million, a Picasso Sets an Auction Record with what is in one sense an understandable bitter comment “Hey, dead artists need work...
View ArticleIs Capital Gains Tax Law Biased Against Low Income Investors?
Paul Caron at Taxprof blog points us to capital gains Is Capital Gains Tax Law Biased Against Low Income Investors? Min Dai (National University of Singapore, Department of Mathematics), Hong Liu...
View ArticleMore on Greg Mankiw’s weak arguments for the Bain capital gains preference
by Linda Beale More on Greg Mankiw’s weak arguments for the Bain capital gains preference A few days ago, I commented on the weak arguments Greg Mankiw had put forth in his op-ed to support the...
View ArticleRomney and Private Equity’s Questionable Schemes for Paying Very Little Tax
by Linda Beale Romney and Private Equity’s Questionable Schemes for Paying Very Little Tax Presumably any American who wants to be informed is aware that GOP presidential candidate Mitt Romney‘s claim...
View ArticleBartlett: Mitt Romney, Carried Interest and Capital Gains
Via Taxprog blog: Bartlett: Mitt Romney, Carried Interest and Capital GainsNew York Times: Mitt Romney, Carried Interest and Capital Gains, by Bruce Bartlett: A key reason for Mr. Romney’s low tax...
View ArticleThe Effect of Capital Gains Tax on Investment
Matt Yglesias, servitor to our corporate overlords, suggests that the reduced capital gains tax rate paid by rentiers like Willard Romney is really a very, very good thing. To wit: The main reason...
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